What Role for Innovation in Job Creation, Destruction and Churning?

24 Pages Posted: 24 Sep 2019

See all articles by Marco Di Cintio

Marco Di Cintio

University of Salento - Department of Economics and Mathematics and Statistics

Emanuele Grassi

University of Salento - Dipartimento di Scienze dell'Economia

Date Written: September 15, 2019

Abstract

This paper explores the effects of product innovation, process innovation and R&D expenditure on job creation, job destruction and churning. The results indicate that product innovation tends to amplify both job creation and destruction, while R&D tends to work in the opposite direction. We also find that churning increases as firms engage in R&D activities, while it decreases when firms introduce product and/or process innovations.

Keywords: product innovation, process innovation, R&D expenditure, job creation, job destruction, churning

JEL Classification: J63, M51, O31, F14

Suggested Citation

Di Cintio, Marco and Grassi, Emanuele, What Role for Innovation in Job Creation, Destruction and Churning? (September 15, 2019). Available at SSRN: https://ssrn.com/abstract=3454157 or http://dx.doi.org/10.2139/ssrn.3454157

Marco Di Cintio

University of Salento - Department of Economics and Mathematics and Statistics ( email )

Piazza Tancredi, n7
Lecce, 73100
Italy

Emanuele Grassi (Contact Author)

University of Salento - Dipartimento di Scienze dell'Economia ( email )

via per Monteroni
Lecce, 73100
Italy

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
14
Abstract Views
161
PlumX Metrics